Investing in raw land to get profitable returns in future

real estate investing

For all those investing in property for the first time, it could be quite a challenge to select the best deal. There could be several constraints that require thorough investigation before making such an investment. Thus, one should not jump into their decisions, without having a thorough research done before investing in such property.

In the present scenario, investments in real estate have become a powerful tool to secure financial security and stability. Apart from the major fiscal sectors such as banking, share market, people have started realizing the benefits of investing in real estate. Landed properties have become the most favored segment of such realty investments, as their value keeps on increasing with time, thus resulting in capital buildup, and yielding huge returns on investment. Property developers and realty investors find delight in making investments into real estate, especially when it comes to raw land. However, investing in raw land rather than a developed one demands a lot of speculation.

A raw land can be utilized in different ways. Owing to this factor, one should be very careful when looking to buy a piece of raw land. They first need to determine the intention of their procurement, whether they want to acquire the land for agriculture purpose, or setting up manufacturing unit, or whether they want to build their dream home on it. Nevertheless, it is commonly believed that investing in raw land situated on the outskirts of the city or town could be preferably utilized for building motels, guest houses, bungalows, and farm houses. For all those investing in raw land, they should keep themselves informed about the prevailing rates of their chosen property. Seeking the right opportunity plays a crucial part when it comes to buying a piece of land. Investing at the right time when the prices are at the lowest level would benefit individuals as they would require spending a less amount.

Truly, investing at the proper time is a crucial factor, though there are several other elements that should also be researched thoroughly prior to buying a raw land. An in-depth analysis about the piece of plot should be the primary focus. Some of these details could include acquiring information about the property, as well as looking into the feasibility of building constructions. It would be best to seek advice of a land assessor. They can help to prepare a detailed report on the layout, amenities, and other features affecting the value of the property to ensure that it is worth the investment.

Having proper knowledge about a plot on sale would help investors to make the right investment decision. It would be best to avoid investing into those properties that exist in hilly areas, rough terrains, or flood zones, as developing such type of land could be too expensive. Moreover, one should also check on accessibility options, failing which they could face difficulty in commuting to such locations. Another important factor is to check whether the property provides all the basic utilities, such as availability of electricity, adequate supply of water, proper drainage system, facility of waste disposal. Another crucial thing to consider is the location. One should carefully examine the piece of plot to evaluate the expediency of utilizing it for residential use. For this reason, it is essential to check if the surrounding vicinity is on the verge of development, or favorable for making a profitable investment.

Owning raw land could be a challenging task, but if done carefully it might land people into earning huge profits in future. However, it is important to properly analyze the issues, if any, before making a huge investment.

Harji Realtors is one of the leading real estate agents in the region of Chandigarh, Mohali and Kharar. For more information on great deals in Sector 117 Mohali and the best Sector 117 Plots check out our website

Hiring property managers to manage residential and commercial properties

real estate

Owning a property is a rather simple process than managing it. For most of the landowners and investors who own a landed property, it can be quite a challenging task to make it a successful endeavor by renting out their property. All those who are facing similar circumstance, they need to seek guidance of a professional property management team. Most of these agencies employ skilled and experienced property managers, who can provide them quality service, thereby helping them to make the property renting more profitable and easier. Irrespective of whether it is a residential or commercial property, proper supervision, organization and administrative oversight is extremely crucial to ensure that the property is managed and maintained in the right way. To make such a thing happen, landowners need to seek assistance of a property management firm. This way, they can be assured that the property would be managed by professionals who have the required knowledge, expertise and proficiency in performing and handling such tasks.

There could be different choices of properties that individuals might want to own. This could be especially true for all those who desire to be their own landlords. For all those owning more than a few properties, it could be extremely difficult to tackle different issues. There could be several important administrative decisions that should be taken on regular basis in order to make the property a good source of income. Many owners might have enough time, or expertise to take the kind of decisions that would help to maintain the legal and financial feasibility of their property. Moreover, landowners need someone who can competently manage the daily operations to ensure smooth running of their property. If they want to rent out their property to tenants, then there could be a host of issues and activities that might come up with the agreement. They need to make sure that the rent is collected on time, they would be responsible for carrying out regular maintenance and repairs and overall upkeep of the property. Most probably, they would have to employ certain rules and regulations associated with leasing or renting of the property. All these things would take a lot of time, effort and money for which the landlords might not be prepared for. The great thing about hiring property management team is that all such issues would be taken care of by trained professionals.

Indeed, if one is looking for the property management experts, then it is crucial to ensure that they are working with someone who can deliver high quality service and great value that they expect. Such an agency should be using all the latest and state of the art gadgets and equipments for monitoring, processing, and supervising various types of tenant services. They should have solid reputation for performance and reliability. Moreover, it is important to find a property management agency that charges reasonable amount of fees for the services they offer.

All those searching for the best property management services they can take the help of internet. The World Wide Web would enable them to focus their efforts on finding such services. This way, one would be able to scrutinize and compare different property management services and determine which one suits best to their expectations and requirements. This can be a great way of locating the best property management agency without undue inconvenience and hassles. It can be a great way to understand what to expect from any one of those agencies.

Harji Realtors is one of the leading real estate agents in the region of Chandigarh, Mohali and Kharar. For more information on great deals in Bajwa Plots Sec 117 and the best Residential Property in Sector 117 Mohali check out our website

What makes a better choice – building or buying a house?

real estate 4

On the contrary, building a new home, if built in the right way, would require little or no maintenance at all for at least a decade. All those who would not want spend huge amount on repairs and remodeling, building a new home would be the best way to go. As majority of the home builders offer at least one year warranty on their newly built home, it should cover additional expenses, if any issue ever arises. This should cover everything, right from the building supplies to the new appliances that have been installed. Another great benefit of building a home is that individuals can get what they want. They can go for custom-designed homes. A new community that is being structured by the builders would allow the home buyer to make their choice right from the layouts, to the color scheme and the style of fixtures. A custom-built home would not only help the owner to choose the style of their home, but also ensure that it is built to desired standards and using high quality building materials. The home will be more efficient and help the owner to save more money on its maintenance.

Building a home can be a thrilling experience, as the owner would be able to monitor every step of the construction process. A good realtor can help to make the building process more enjoyable and less stressful while delivering quality service.

Harji Realtors is one of the leading real estate agents in the region of Chandigarh, Mohali and Kharar. For more information on great deals in real estate agents mohali and the best Plot in Sunny Enclave check out our website

Hiring a trustworthy realtor to make lucrative realty investment

real estate

Owning a property could be one of the greatest investments in someone’s life. Out of various factors that need to be considered while investing in properties, there are a few guidelines that should be followed in order to make it a profitable investment. When looking for a suitable property to own, there are a few points that should be considered before making the investment. Some of these might include proper research, inspection of property, or looking into financial options. All those planning to buy a property, they should beforehand determine what type of facilities and which location would best suit their taste and preference. They should look into the commuting options available in the locality, such as nearness to schools, colleges, offices and other amenities that are the basic requirements of the inhabitants.

Financial stability is one of the major factors that should be considered when buying a property. Individuals need to first decide on the amount of mortgage they are comfortable to repay. There could be several other costs involved, such as housing tax, fees charged by agents, closing expenses on building, and much more. In this situation, it would be best to make a list of lenders along with mortgage rates offered by each. The best strategy would be to seek assistance of professional and experienced agent. These agents have good knowledge and expertise in property dealing.

These realty agents have all the detailed information about the realty market and current property rates. The agents can help buyers and investors by providing all the required information about the resources, amenities and community in a particular neighborhood. Most often, buyers might not be aware of the current realty rates, and thus hiring an agent would be the best way to go. The agent would sort out any issues and help the buyers to determine if the rates are reasonable and they might even negotiate the price of property on their client’s behalf.

There are numerous benefits of hiring an experienced property agent. Based on individual style, taste, and budget, these agents can provide a vast selection of properties for sale in a preferred neighborhood. One of the most tedious tasks in realty investment is to get all the necessary paperwork done. There could be a lot of legal documents that need to be filed as per the property laws. Hiring skilled and proficient agents would help to save time and effort on the buyer’s part, as everything would be undertaken by them. Another benefit of hiring an experienced and proficient agent is that buyers can be assured of securing a fair deal. The agent would make sure to reflect the positive, as well as the negative aspects of a property, thereby helping buyers to make the right decision.

No matter what buyers are looking for, be it a deluxe mansion, a sprawling condo, or a luxurious apartment, the agent would be able to cater to all their requirements and help them get a premium property at the most reasonable price.

Hiring a professional and qualified agent would to be the best thing to do when making investments in real estate. The agents would help their clients at every step all through the buying process, and even help to negotiate the best price.

Harji Realtors is one of the leading real estate agents in the region of Chandigarh, Mohali and Kharar. For more information on great deals in Imperial Apartments Mohali and the best 1 BHK Flat in Mohali check out our website

Guidelines to secure profitable deal on a short sale proposal

real estate investing

In today’s world, making investments in real estate has become a profitable business. With the growth of industrialization and increase in population, the need for bigger and better residential and commercial properties has grown significantly. The real estate industry has grown to become one of the biggest hubs for investors.

In addition, real estate investors are always looking for properties to make a profitable investment. Most of them buy these properties as valuable assets to secure their future. However, to ensure that investment into real estate offers great returns, one should have a good knowledge of the realty market. The best way to secure higher profits on realty investment is to look for the right opportunity for its resale. Here are some guidelines that investors should follow before they make a short sale offer:

•    A common mistake that both novice and seasoned investors make is that they wait to check if the lenders would accept a short sale offer or not. When paying a visit to the short sale department for the first time, one should place order for the bundle right away, as any delay can cost them losing a great sale opportunity.

•    Every short sale professional knows that one should provide the lender with detailed information in their short sale package. The more information they provide, the quicker the lender would be able to provide them an answer. The projected net sheet offered by the investor would be one of the initial things that lender would pay attention to in the package. They would start looking for recognizable Red flags.

•    Once Investors have received their short sale parcel, they need to fill it up and return back to the lender as soon as they possibly can. They need to remember that they are working on a taut timeline, and the sooner they get the package in the lender’s hand, the sooner they can start reviewing their offer. As the lender starts reviewing the package, it is time to begin with the negotiating process, the way to earn the real money.

•    Investors might have difficulty in making contact with their lender through phone. They should make sure to acquire the following information:

•    Loss mitigation expert’s direct extension number

•    Fax numbers (if one requires sending a cover sheet)

•    Email address (more preferably their personal email address as backup)

•    Mailing address (if sending  ‘Thank You’ notes or any other important documents)

If the voicemails are not answered, then one can still be ready to maintain a communication with ease, and boost their chances of finding the right opportune.

•    When making a short sale offer, as a thumb rule, one should go for 50 percent of the written amount on their first mortgage and 10 percent on the second. If one is lucky enough, then they can even secure a discount on their third mortgage. Even if the offers are too low, the investors should have no reason to worry about as the banks would suggest raising the offer.

Nothing could be worse than being excited about securing a huge discount that never occurs. The better one is equipped to manage simultaneous transactions, the sooner they will start carving their slice of the big profits that they made on short sales.

Harji Realtors is one of the leading real estate agents in the region of Chandigarh, Mohali and Kharar. For more information on great deals in 1 bhk apartment in mohali and the best Plot in Sunny Enclave check out our website

Building ‘green’ homes – the best way to ensure safe and healthy living

green home

In the present scenario, green real estate has become the latest trend in realty industry. Green building is the process of installing those building supplies that help to minimize the maintenance cost, and make the home more energy efficient. Speaking of energy efficiency, conservation is the major approach of green building. Green real estate is considered to be safer, healthier, more comfortable, and less expensive to operate. Installing solar panels is a great idea for those who are looking to build their own ‘green homes’.

In many countries, solar panels are installed to provide natural heating and cooling solutions in all weather conditions. With energy costs constantly increasing, it becomes essential to think about a complete overhaul in the building orientation, such as considering for using roof overhangs, or making window adjustments, using reflective barriers, and employing other techniques that help to control solar energy. During the summer season, it would be best to install solar screens and overhangs to protect the home from direct sunlight. It would best to avoid having greenhouses and skylights, as sunlight can penetrate easily and thus resulting in excessive heat gain.

During the winter months, solar heaters could be installed to capture the heat and keep the warmth of the rooms intact during the evening. By considering an open flooring plan, home owners can optimize the effect of solar heating or cooling. Proper placement of doors and windows would allow cross ventilation and entrap the prevailing breeze. It would be best to consider adjustable window panes to ensure constant air flow throughout the house. A thermal chimney with vents would be helpful to evacuate hot air currents out of the building. Double glass panes offer an insulating air space that traps direct sunlight between the panes, thereby minimizing heat transfer.

During the summer season, the roof spaces can accumulate heat and transfer it to the living areas beneath. Air-conditioning ducts positioned in the attic spaces will absorb more heat. In the winter months, moisture would accumulate in unventilated areas, thus resulting in mold formation and wood rot. Light colored roofing materials absorb less heat. Moreover, roof ridge vents would ensure a continuous air flow through the roof spaces. Using reflective barriers would further help to keep the rooms cool. Attics and exterior walls should be highly insulated to ensure a soothing temperature inside in all weather conditions.

Oversized air-conditioning systems would consume more electricity and will cool the rooms too quickly. Installing small units would not provide the desired temperature, and perhaps unable to ensure soothing humidity levels. A smaller unit would actually cost less and last longer. It would best to install an air-conditioning system that comes with programmable thermostats to help control energy consumption.

When building a green house, one should ensure complete protection of natural flora and fauna around the area during the construction. Native trees, foliage and natural drainage could be a part of the landscape and home design. One should try to minimize the impact of the construction as much as possible.

Building green homes is an approach to design and construct homes based on conserving natural resources. Green real estate is all about building a cost effective, comfortable and sustainable abode to live in.

Harji Realtors is one of the leading real estate agents in the region of Chandigarh, Mohali and Kharar. For more information on great deals in Flat in Mohali and the best Plot in Sunny Enclave check out our website

How to go ‘green’ by remodeling properties in eco-friendly way

real estate 3

Most of the homebuyers opt for buying a property closer to the city, or near to their workplace or important hubs of activity, as an attempt to reduce conveyance costs for the entire family. Over the years, there has been a great demand for properties in both, rural and urban areas, which are termed as ‘green real estate’ and that come with environment-friendly features, including existing residential homes, condos, apartments, and vacation homes. These ‘green’ features actually mean those energy efficient features which help to save natural resources. Some of the ways to go green would be anything like installing energy efficient appliances and fixtures inside or outside a home, such as using compact fluorescent lighting bulbs, or installing solar-powered water heaters, or going for low-flowing water faucets, and showerheads, and installing power discharge protectors to conserve energy.

•    Installing low flowing showerheads and water faucets – A great addition to any home renovation project is to install low flowing showerheads and water faucets. Using these energy efficient features would help to reduce water consumption to a great extent. With reduced gallons per minute, these bathroom fittings can still provide the required water pressure. Many of these energy efficient fixtures are available in wide range of designs and styles to fit well with the requirements and preferences of homeowners.

•    Improved panels to ensure proper insulation of doors and windows – Most of the old residential and commercial properties might not have proper insulation around the doors and windows. In all those homes, where there is a single windowpane, one should consider having a frame on both, interior and exterior sides. People on high budget can go for double-pane doors and windows that have thin layer of silver lining that allows natural light to pass through without transferring the heat. The best way to seal old doors and windows is to install re-hanging doors. Installing door sweeps could be beneficial to keep the warmth inside and prevent cold waves from entering through the doors.

•    Painting rooms with low or non-VOC paints – Both residential and commercial properties could be made greener by using non-toxic paints, chemicals, and finishes. VOCs, abbreviated form of Volatile Organic Compounds, are usually used in manufacturing various household products such as paints, finishes and lacquers. These chemical compounds are very much toxic and cause several health problems. Non-toxic, low VOC or non-VOC paints are available in different shades and one can even get them from various hardware stores and through online stores as well.

•    Installing carpets and floorings made of natural fibers – Installing carpets and floorings could be a part of the home remodeling project. However, individuals should make sure whether they are buying a carpet or flooring made out of natural fibers or at least, they should unroll the carpets outside to ensure that chemicals have dissipated. It will help them to protect the air quality. To avoid chemicals in floorings, one should opt for eco-friendly options, such as bamboo flooring, pressured cork flooring, or go for linoleum alternatives.

Irrespective of whether one has bigger budget or very little budget, they can still reduce their energy consumption and thereby save huge on their monthly energy bills. Investing in green real estate is very rewarding and it could be the most cost effective way to save both, resources and reserves every month.

Harji Realtors is one of the leading real estate agents in the region of Chandigarh, Mohali and Kharar. For more information on great deals in Real Estate Mohali and the best Plot in Mohali check out our website